Financial income and expense
|
2018
|
2017
|
|
|
Financial income
|
||
|
Interest income
|
13
|
11
|
|
Fair value change commodity hedges
|
-
|
14
|
|
Unwinding discounted receivables
|
5
|
10
|
|
Total financial income
|
18
|
35
|
|
Financial expense
|
||
|
Interest expense
|
(102)
|
(125)
|
|
Interest relating to defined benefit plans
|
(6)
|
(8)
|
|
Capitalized interest during construction
|
5
|
3
|
|
Exchange differences
|
(3)
|
(4)
|
|
Unwinding discounted payables
|
(12)
|
(3)
|
|
Sundry
|
(1)
|
(2)
|
|
Total financial expense
|
(119)
|
(139)
|
|
Financial income and expense
|
(101)
|
(104)
|
In 2018, the interest rate applied in the capitalization of interest during construction was 4% (2017: 5%; as of July, 4%).